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20130114
20130114
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this president the right to do so not evil. republicans holding the debt ceiling hostage wrong. democrats doing the same thing, not wrong. not close. you can't say republicans aren't reading the will of the people in election when the people kept them in charge of the house in the same election. election have consequences, of course. perhaps hiking taxes on the rich is up with of them. but that does not mean we don't do a lick about our debt. not getting a handle on spending wasn't one of them. hearing only one side don't make you a journalist but doing so to ignore the other side makes you charyl top. charlatan. go after the goose, go after the gander. what is a gander? do you know? be fair, balanceed. both sides. have at it. >> dana: hello, i'm dana perino with kimberly guilfoyle, bob beckel, eric bolling, andrea tantaros. it's 5:00 in new york city. this is "the five." ♪ ♪ >> dana: earlier today, president obama held the final press conference of his first term in the east room of the white house. the main attraction, our old friend the debt ceiling. they could default on the debt, unles
. showdowns over the debt ceiling and gun control. heather: wendell goler is live for us at the white house. good morning, wendell. why is the president holding a news conference now? >> reporter: well, heather, as john said it is the last week of the president's first term and wants to talk about the issue likely to dominate his second. that is the nation's debt and deficit. we already reached the $16 trillion debt limit set by congress. treasury secretary tim geithner says his accounting tricks and maneuvers can only buy us a couple more months the president wants to call on congress to raise the debt ceiling without drama. he says even the threat, note to raise the debt ceiling could cause a down-tick in the nation's credit rating as it did in 2011. republicans are determined to use that leverage. it may be the only leverage they have to raise the nation's debt ceiling. in the past it has worked to demand spending cuts in exchange for raising the nation's debt ceiling. they intend to do it this time. heather? heather: a lot going on in washington. we hear rumors the president may address
obama on the debt ceiling said he will not negotiate while republicans "hold a gun to the head of the american people." this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. president obama declares the health of the american people is not a bargaining chip. the president warns against the prospect of what he called republicans holding the economy hostage. over the debt ceiling. it was the primary focus of the last news conference of his first term. we have fox team coverage. seep your political analyst brit hume will have analysis of that event. correspondent shannon bream tells us about another big topic today. gun control. we begin with white house correspondent wendell goler on the partisan tone over the debt. good evening, wendell. >> good evening. >> bret: the party that doesn't control the white house is rarely happy about raising the debt ceiling. >> reporter: recent years a genuine threat not to do so. >> raising the nation's debt ceiling, the president told reporters is a necessity caused by spending in the past. not something to trade with congress
on this issue. >> as you well know, sir, finding votes for the debt ceiling can sometimes be complicated, you yourself as a member of the senate voted against the debt ceiling increase, and in previous aspects of american history, president reagan in 1985, president george herbert walker bush, and president clinton, deals contingent upon raising the debt ceiling and you yourself, related to debt or budget related maneuvers. and what many people are curious about the new adamant desire on your part not to negotiate that seems to conflict with the entire hire in the modern era of the presidents and the debt ceiling and your own debt ceiling and doesn't it suggest we're going into a default situation because no one is talking to each other about this. >> no, major, i think if you look at the history. getting votes for the debt ceiling is difficult and votes in in town are difficult. i went through this last year. what is different we never saw a situation like we saw last year in which certain groups in congress took such an absolutist position that we came within a few days of defaulting. >> lo
to raise the debt ceiling. >> four top democrats that he should take it. sending a letter to the president. you have to take lawful steps to make sure the america doesn't trigger a global crisis. that is different story from seven years ago when the same four, each of them, voted against raising the debt limit. byron york has hit his limit. i think that is called hypocrisy which seems to be our theme but what do you make of it? >> that is one word you are hearing a lot. not only did they vote against it. harry reid, dick durbin, charles schumer and patty murray plus their fellow senators barack obama and joe boel in 2006 voted against increasing the debt limit. what senator obama said, it was very serious argument about how borrowing was killing america. the money spent on interested was taking money away that that could be spent on infrastructure disaster relief. the money we borrowed from foreign countries was making us vulnerable to the whims of foreign leaders whose prerogatives is not the same as ours. borrowing weakenings us and i will not vote to increase the nation's debt limit. >>
over the debt ceiling and expressed support for new gun control measures. reaction from both sides coming just ahead. plus, lance armstrong with a change of heart, he says or something. now, we're told he has apologized, reports of tears and admission of some kind to oprah winfrey. we're got all the details. new study says more americans are working well past retirement. it says, i wonder why, but that is all ahead unless breaking news changes everything. >> first at 3:00 in new york city. president obama is warning that a political deadlock over the nation's debt ceiling could damage the u.s. economy and beyond. it's estimated without the deal the government could run out of money to pail its bills as early as mid-february. the president said the idea of refusing to raise the debt ceiling is irresponsible and absurd. >> republicans in congress have two choices here. they can act responsibly and pay america's bills are act irresponsibly and put america through another economic crisis. but they will not collect a ransom for not crashing the american economy. >> shep: they say they w
the debt ceiling about to get a bit more dismal. the white house has no plan b in the debt fight, challenging republicans to allow them to bore row more money or allow the country to default on its loans. 16 trillion in debt. getting higher by the clock. senator mike lee has a vote on this from utah. thank you for coming here. no backup plan according to the white house. in addition the treasury department says there is no plan b. what do you think about that? >> well, that's a problem. too often in washington we're faced between kind of a false choice. we're presented with a choice that says, okay, you either take no cuts at all and raise the debt limit, or you raise the debt limit with the promise of kits that may never transpire and that kind of cut simply won't cut it anymore. hard-working americans deserve better than this and all the programs they rely on are placed in jeopardy by reflexively raising the debt limit without putting in place permanent structural reform. bill: what do you think will happen? sometime about mid-february we start to see you guess something develo
Search Results 0 to 6 of about 7